UPDATE — Seller finance portion of purchase!!! Cash-flowing property in the heart of Honolulu. Ideally located directly across from Queen’s Medical Center and just minutes from numerous government buildings, making this a highly desirable investment. This mixed-use property features a strong rental history with both business and residential income streams. Opportunity rarely knocks twice—don’t miss your chance. Enjoy easy access to major thoroughfares and quick connectivity to H-1, providing exceptional commuting convenience. Fee Simple property includes: 1 commercial/business unit, 3 residential units, 1 Large storage room with conversion potential, Separate electric meters, 2 on-site parking stalls plus ample street parking. Please do not disturb tenants.
Active
$1,425,000
1402 Lusitana St, Honolulu, HI 96813
--beds
0baths
--sqft
Multi Family
Built in 1918
-- sqft lot
$1,408,300 Zestimate®
$--/sqft
$-- HOA
What's special
Ample street parking
- 219 days
- 105
- 4
Zillow last checked:
Listing updated:
Listed by:
Deep Shrestha 808-200-9575,
Keller Williams Honolulu,
Wei Li 808-688-6335,
Keller Williams Honolulu
Source: HiCentral MLS,MLS#: 202601167
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Parking
- Total spaces: 2
- Parking features: Covered
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: None
Lot
- Features: Cleared, Level
- Topography: Level
Details
- Parcel number: 1210220180000
- Zoning description: 12 - A-2 Medium Density Apartme
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Hollow Tile, Other
- Foundation: Slab
Condition
- Average Condition
- Year built: 1918
- Major remodel year: 1978
Utilities & green energy
- Sewer: Connected
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Underground Utilities, Water Available, Sewer Connected
Community & HOA
Community
- Features: None
- Subdivision: Punchbowl-Lower
Location
- Region: Honolulu
Financial & listing details
- Tax assessed value: $1,265,800
- Annual tax amount: $7,764
- Date on market: 1/26/2026
- Total actual rent: 13150
Estimated market value
$1,408,300
$1.34M - $1.48M
$2,243/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/27/2026 | Listed for sale | $1,425,000 |
Source:  HiCentral MLS #202601167 Report a problem | ||
| 1/18/2026 | Listing removed | $1,425,000 |
Source: HiCentral MLS #202502636 Report a problem | ||
| 10/6/2025 | Price change | $1,425,000-10.9% |
Source: HiCentral MLS #202502636 Report a problem | ||
| 8/26/2025 | Price change | $1,599,000-3.1% |
Source: HiCentral MLS #202502636 Report a problem | ||
| 1/29/2025 | Listed for sale | $1,650,000 |
Source: HiCentral MLS #202502636 Report a problem | ||
| 11/1/2024 | Listing removed | $1,650,000 |
Source: HiCentral MLS #202422097 Report a problem | ||
| 10/1/2024 | Listed for sale | $1,650,000-8.3% |
Source: HiCentral MLS #202422097 Report a problem | ||
| 6/14/2024 | Listing removed | $1,799,000+2.8% |
Source: HiCentral MLS #202221724 Report a problem | ||
| 11/6/2023 | Listing removed | $1,750,000 |
Source: HiCentral MLS #202320083 Report a problem | ||
| 8/28/2023 | Listed for sale | $1,750,000-2.7% |
Source: HiCentral MLS #202320083 Report a problem | ||
| 1/10/2023 | Listing removed | -- |
Source: HiCentral MLS #202221724 Report a problem | ||
| 10/19/2022 | Listed for sale | $1,799,000 |
Source: HiCentral MLS #202221724 Report a problem | ||
| 6/27/2022 | Listing removed | $1,799,000 |
Source: HiCentral MLS #202209884 Report a problem | ||
| 5/23/2022 | Listed for sale | $1,799,0000% |
Source: HiCentral MLS #202209884 Report a problem | ||
| 5/6/2022 | Listing removed | $1,799,500 |
Source: HiCentral MLS #202204835 Report a problem | ||
| 3/14/2022 | Listed for sale | $1,799,500-2.7% |
Source: HiCentral MLS #202204835 Report a problem | ||
| 2/25/2022 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 2/17/2022 | Price change | $1,849,000-7.1% |
Source: HiCentral MLS #202109092 Report a problem | ||
| 10/27/2021 | Price change | $1,990,000-2.9% |
Source: HiCentral MLS #202109092 Report a problem | ||
| 9/22/2021 | Price change | $2,050,000-8.9% |
Source: HiCentral MLS #202109092 Report a problem | ||
| 5/25/2021 | Listed for sale | $2,250,000+52.5% |
Source: HiCentral MLS #202109092 Report a problem | ||
| 4/11/2018 | Sold | $1,475,000+288.2% |
Source: Public Record Report a problem | ||
| 6/17/2005 | Sold | $380,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,265,800 +1% |
| 2025 | -- | $1,253,200 +2.6% |
| 2024 | $15,147 +0.8% | $1,221,500 +0.8% |
| 2023 | $15,034 +5.3% | $1,212,400 +5.3% |
| 2022 | $14,279 -1.4% | $1,151,500 -1.4% |
| 2021 | $14,477 -1.9% | $1,167,500 -1.9% |
| 2020 | $14,752 -0.9% | $1,189,700 -0.9% |
| 2019 | $14,880 +15.7% | $1,200,000 +3.7% |
| 2018 | $12,863 +8.5% | $1,157,300 +7.6% |
| 2017 | $11,854 +17.6% | $1,076,000 +15.4% |
| 2016 | $10,076 +58.8% | $932,600 +47.6% |
| 2015 | $6,346 +33.7% | $631,800 +5.7% |
| 2014 | $4,747 | $597,900 +11.6% |
| 2013 | -- | $535,700 +5.2% |
| 2012 | -- | $509,400 +1.3% |
| 2011 | -- | $502,800 -0.8% |
| 2010 | -- | $506,700 -9.9% |
| 2009 | -- | $562,300 +7.5% |
| 2008 | -- | $523,100 +8.2% |
| 2007 | -- | $483,400 +143.8% |
| 2005 | -- | $198,300 +13.8% |
| 2004 | -- | $174,300 +0.1% |
| 2003 | $1,597 +0.6% | $174,200 +0.9% |
| 2002 | $1,587 | $172,600 |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Punchbowl
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